28-May-2013 1:07 PM
El Al Israel Airlines losses widen in 1Q2013
El Al Israel Airlines revenue stable - financial highlights for three months ended 31-Mar-2013:
- Revenue: USD431 million, +0.4% year-on-year;
- Passenger: +2%;
- Cargo: -11.5%;
- Operating cost: USD393.1 million, +1.2%;
- Fuel: +4.8%;
- Profit (loss) from regular operations: (USD36.3 million), compared to a loss of USD23.8 million in p-c-p;
- Net profit (loss): (USD32.5 million), compared to a loss of USD23.3 million in p-c-p;
- Passenger numbers: 881,000, +1%;
- Passenger load factor: 81.7%, +0.5 ppt;
- Market share: 34.7%, -1.9 ppt;
- Total assets: USD1577 million, +4.5% when compared to period ended 31-Dec-2012;
- Total liabilities: USD1469 million, +7.0% when compared to period ended 31-Dec-2012. [more - original PR]